Sephora perfume stores headed toward 100m lei sales
Sephora Marinopoulos, the Greek and French-held company that owns and operates Sephora multi-brand cosmetics store chain, is likely to go beyond the 100m lei (24m euros) threshold in terms of sales this year, having budgeted a 7% increase against 2010.
The company last year reached turnover worth 97.16m lei (23.1m euros), according to ZF calculations, based on the growth rate announced by the company and the value of 2009 turnover, according to the Trade Registry.
Domestically, Sephora owns 22 stores in nine cities. Sephora, present in Romania for 11 years, operated under the Beauty Shop name in the first six years.
Rasu says she wants to open several stores this year. "For 2011, we want to open stores in the rest of cities we are not present in, yet. If we find suitable locations, we anticipate several openings. (...)".